Simple Steps for a Profitable Trading by Louizos Alexander Louizos - HTML preview

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STEP 7

MONEY MANAGEMENT TECHNIQUES

This is the most important part of your Forex trading learning process. It will never

 

cease to impress me why this lesson is not stressed when you are searching in public domain

 

about Forex training. This is the first and most important lesson you should have. By

 

these techniques you can minimize your losses and maximize your profits. This is a secret

 

that only professional traders know. Money management is the correct use of your trading

 

account's money in trading decisions, that will help you to allocate the funds with

 

percentages that will not be devastating for you account's balance. It is not as difficult as it

 

seems. The rules are simple. But the whole point becomes much complicated because

 

discipline is necessary in order to stick to these rules. Always use money management rules!

 

Click here to learn these rules at http://www.easytradeforex.com/category/forexmoney-management/ Maybe you do not like to learn all these things before you start to trade. Maybe you do not